Apple Has Team of 100 Working on Smart Watch

Smart watches are shaping up to be the next trend in the consumer electronics industry and Apple is alleged to put out all the stops in making one.

According to Bloomberg, sources claim that Apple has assembled a team of managers, marketing group members, software and hardware engineers to work on a wristwatch-like device. James Foster, senior director of engineering, and Achim Pantfoerder, another manager at Apple are said to be part of the team. Due to the size of the team, the sources also asserted that Apple has gone beyond the experimental phase. The watch is able to perform some tasks that are handled by the iPhone and iPad.